Ocean Park Asset Management LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 32,980 shares of the company’s stock, valued at approximately $6,590,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in VLUE. Russell Investments Group Ltd. lifted its position in shares of iShares MSCI USA Value Factor ETF by 18.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock worth $751,000 after buying an additional 1,049 shares in the last quarter. NCM Capital Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 3.3% in the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock valued at $1,489,000 after acquiring an additional 424 shares in the last quarter. Jane Street Group LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the second quarter valued at approximately $568,000. Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Value Factor ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock valued at $14,092,000 after acquiring an additional 1,592 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 1,194.2% during the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after acquiring an additional 179,630 shares during the period.
iShares MSCI USA Value Factor ETF Trading Up 0.1%
VLUE stock opened at $197.77 on Wednesday. The stock has a market cap of $11.66 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock’s fifty day simple moving average is $195.80 and its two-hundred day simple moving average is $171.52. iShares MSCI USA Value Factor ETF has a 1-year low of $114.83 and a 1-year high of $206.57.
iShares MSCI USA Value Factor ETF Profile
The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.
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